MUHAMMED BASIL

Accountant

WEHBE INSURANCE SERVICES LLC

04.2019 - Current

Performing insurance reconciliations and follow-up with insurance companies and departments for errors and omissions in entries.
Ensuring premium settlement to insurance companies timely.
Calculation of commission dues from insurance companies and follow up for the same.
Allocation of commission received from insurance companies.
Closely communicating with insurers for customer receipts and other documents.
Preparing payables and receivables ageing reports.
Closely monitoring credit periods and reporting to management.
Performing and assisting in month-end books closing functions.
Close follow up with customer for payments and issuing of outstanding customer statements/ summary and any other report/ invoices required by customers.
Assisting with the submission of quarterly report to Insurance Authority.
Dealing with auditors and finalization of Annual Financial Statements.
Assisting in preparation of financial statements and notes forming part of financials statements.
Investigating and resolving audit findings, account discrepancies, and issues of non- compliance.
Inputting data using smart accounting software and allocating receipts to respective accounts.
Handling and accounting of cash including petty cash.
Performing bank reconciliation tasks and following up unidentified entries in bank statements.
Co-ordinating with various vendors for procurement needs and issuing LPOs.
Preparation of Payroll Vouchers.
Performing monthly Payroll reconciliation.
Preparation of Commission statement of Sales team and payout.